Financing for Trucking and Transportation Companies

The trucking industry has shown large growth, on average  Truckers haul 70 percent of the nation's freight—about 10.5 billion tons annually. Whether you operate your own truck or own a large-scale transportation corporation, it’s important to understand your financing...

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Franchise Financing: What are your options?

All the benefits of owning a small business combined with the status of a nationally recognized brand. It’s easy to see why so many small business owners and investors are looking at starting a franchise. However, it can be...

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The Truth About Business Lines of Credit

Business lines of credit can be incredibly useful for businesses of all sizes and shapes, however they are not all sunshine and rainbows for the companies involved. In addition to adding some security for slow times and another buffer...

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Debt Service Coverage Ratio vs. Debt To Income

When you are applying for a residential or commercial loan it is important to understand the difference between DSCR and DTI. When it comes to residential lending, majority of the time the loan originator will do an analysis to...

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How SBA Loans Can be Used for Commercial Real Estate Financing

The Small Business Administration is set up to facilitate the establishment and ongoing health of businesses with less than $7 million net worth and less than $2.5 million in profits after taxes. SBA loans are one of the ways...

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Obtaining Funding Without a Bank

Some options to consider for Alternative Financing Many businesses, at one point or another, will require a loan. Needing a loan is not necessarily a sign the company is struggling. Many companies rely on loans to pay bills on time...

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Bridge Loan Basics

There are numerous types of financing those in the real estate market can acquire. Each one will be advantageous at certain times over others, and it pays off to learn when to use each one. One loan type that...

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The Importance of Managing Your Finances

Individuals and businesses alike need to keep track of their finances and ensure they are not spending more than they are bringing in. Business accounting consists of many principles that can be tricky to nail down, especially for first-time...

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5 Important Steps to Establish Business Credit

There are numerous things to take care of when you start a new business. One of them should absolutely be establishing a line of business credit. This is separate from your personal credit score, so start taking actions before...

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Business Credit Essentials

Everyone should be aware of their personal credit score. This is a number that impacts whether a bank will provide you with a loan to purchase a car, house or another essential item. However, when you are an entrepreneur,...

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